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(HEROMOTOCO) Hero Motocorp complete technical analysis [charts+indicators] | Buy/Sell Hero Motocorp | (HEROMOTOCO) share price targets

Complete technical analysis of Hero Motocorp (HEROMOTOCO) by charts plus indicators, forecast predictions and share price targets for Hero Motocorp (HEROMOTOCO)

Hero Motocorp trades in NSE in 2 sector.

Showing technical analysis as on 2024-06-25 View latest technical analysis

10 day averaged volume of Hero Motocorp is 677183

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	5510.00	5565.90	5579.85	5473.45	1.652 times
24 Mon Jun 2024	5524.45	5390.00	5534.00	5390.00	0.687 times
21 Fri Jun 2024	5452.00	5481.00	5615.00	5432.00	0.989 times
20 Thu Jun 2024	5504.60	5669.00	5669.00	5496.00	1.241 times
19 Wed Jun 2024	5647.70	5774.80	5779.80	5625.00	0.66 times
18 Tue Jun 2024	5754.85	5824.00	5894.55	5736.70	0.778 times
14 Fri Jun 2024	5804.20	5823.00	5864.75	5761.60	0.847 times
13 Thu Jun 2024	5816.00	5820.20	5840.00	5731.00	0.809 times
12 Wed Jun 2024	5790.20	5800.00	5859.00	5776.60	0.987 times
11 Tue Jun 2024	5786.60	5730.00	5846.40	5705.00	1.499 times

My analysis of stock is bullish for shortterm, and stock might move up till 5750.5 or till 6042.6. Use a stoploss of 5507.1 and if this stock hits its stoploss, then it can fall down till 5263.69

Share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Target	4168.15
Downside Target	4349.05
Downside Target	4750.00
Downside Target	4920.25
Downside Target	5225.00
Downside Target	5390.00
Downside Target	5432.00
Upside Target	5579.85
Upside Target	5581.05
Upside Target	5775.20
Upside Target	5864.75
Upside Target	5894.55

Intraday share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Intraday Target	5406.72
Downside Intraday Target	5303.43
Upside Intraday Target	5596.57
Upside Intraday Target	5683.13
Downside Intraday Target	5493.28

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	5510.00	5390.00	5579.85	5390.00	0.637 times
21 Fri Jun 2024	5452.00	5824.00	5894.55	5432.00	0.65 times
14 Fri Jun 2024	5804.20	5585.00	5864.75	5581.05	0.538 times
07 Fri Jun 2024	5581.85	5280.00	5775.20	4920.25	1.83 times
31 Fri May 2024	5119.60	5126.00	5225.00	5003.50	1.934 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	5510.00	5280.00	5894.55	4920.25	0.792 times
31 Fri May 2024	5119.60	4625.00	5225.00	4414.65	1.24 times
30 Tue Apr 2024	4543.05	4740.00	4779.75	4168.15	1.355 times
28 Thu Mar 2024	4722.30	4459.90	4750.00	4445.20	0.673 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Hero Motocorp (HEROMOTOCO)

Price action analysis of Hero Motocorp ( (HEROMOTOCO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Hero Motocorp ( (HEROMOTOCO) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Hero Motocorp ( (HEROMOTOCO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Hero Motocorp stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Hero Motocorp in short term but the sell signal is initial and weak.

Hero Motocorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Hero Motocorp in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Hero Motocorp is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5649.44 and Hero Motocorp (HEROMOTOCO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Hero Motocorp (HEROMOTOCO) stock. Volume based technical analysis of Hero Motocorp (HEROMOTOCO) stock is negative.

Hero Motocorp Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.